Anhui Kouzi Distillery Co (SHSE:603589) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 31, 2026) — 57% Below Median

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SHSE:603589 Anhui Kouzi Distillery Co Ltd SHSE:603589
82 GF Score
Price ¥18.88
GF Value ¥22.70
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio?

Anhui Kouzi Distillery Co SHSE:603589 -1.51% 82 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 31, 2026, which is 57% below its 10-year median of 3.25. GuruFocus rates SHSE:603589 with a GF Score™ of 82/100 and a GF Value™ of ¥22.70 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 156 Beverages - Alcoholic companies, Anhui Kouzi Distillery Co ranks worse than 51.92% on this metric.

As of today (2026-08-31), Anhui Kouzi Distillery Co's current share price is ¥18.88. Anhui Kouzi Distillery Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥13.43. Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio for today is 1.41.

The historical rank and industry rank for Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603589' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 3.25   Max: 7.09
Current: 1.43

During the past years, Anhui Kouzi Distillery Co's highest Cyclically Adjusted PB Ratio was 7.09. The lowest was 1.39. And the median was 3.25.

SHSE:603589's Cyclically Adjusted PB Ratio is ranked worse than
51.92% of 156 companies
in the Beverages - Alcoholic industry
Industry Median: 1.385 vs SHSE:603589: 1.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Anhui Kouzi Distillery Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥17.502. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥13.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Kouzi Distillery Co  (SHSE:603589) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio Related Terms


Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio Chart

Anhui Kouzi Distillery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.17 3.37 2.33

Anhui Kouzi Distillery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 2.65 2.33 1.87 1.39

SHSE:603589 vs BF.B: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603589
82GF Score
Anhui Kouzi Distillery Co Ltd SHSE:603589
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Kouzi Distillery Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.88/13.43
=1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anhui Kouzi Distillery Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Anhui Kouzi Distillery Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.502/116.0564*116.0564
=17.502

Current CPI (Jun. 2026) = 116.0564.

Anhui Kouzi Distillery Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.950 102.400 7.877
201612 7.068 102.600 7.995
201703 7.613 103.200 8.561
201706 7.495 103.100 8.437
201709 8.120 104.100 9.053
201712 8.475 104.500 9.412
201803 9.222 105.300 10.164
201806 8.947 104.900 9.899
201809 9.627 106.600 10.481
201812 10.319 106.500 11.245
201903 11.187 107.700 12.055
201906 10.270 107.700 11.067
201909 10.938 109.800 11.561
201912 11.686 111.200 12.196
202003 12.092 112.300 12.496
202006 10.878 110.400 11.435
202009 11.377 111.700 11.821
202012 12.064 111.500 12.557
202103 12.764 112.662 13.149
202106 12.016 111.769 12.477
202109 12.788 112.215 13.226
202112 13.749 113.108 14.107
202203 14.558 114.335 14.777
202206 13.489 114.558 13.665
202209 14.260 115.339 14.349
202212 14.840 115.116 14.961
202303 15.733 115.116 15.862
202306 14.753 114.558 14.946
202309 15.588 115.339 15.685
202312 16.249 114.781 16.430
202403 17.210 115.227 17.334
202406 16.380 114.781 16.562
202409 16.932 115.785 16.972
202412 17.524 114.893 17.702
202503 18.541 115.116 18.693
202506 17.406 114.907 17.580
202509 17.510 115.471 17.599
202512 17.391 115.832 17.425
202603 17.940 116.303 17.902
202606 17.502 116.056 17.502

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.41 mean?
Anhui Kouzi Distillery Co (SHSE:603589) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anhui Kouzi Distillery Co and its competitors. This is 57% below median its historical median of 3.25. Over the past decade, Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio has ranged from 1.39 to 7.09. According to the industry distribution chart, Anhui Kouzi Distillery Co ranks #81 out of 156 companies in the Beverages - Alcoholic industry, placing it in the top 51.9%.
Is Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio too high?
Anhui Kouzi Distillery Co's current Cyclically Adjusted PB Ratio of 1.41 is 57% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 7.09. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.39. Anhui Kouzi Distillery Co's value of 1.41 is 1.8% above this industry median. Based on the distribution chart, Anhui Kouzi Distillery Co ranks #81 out of 156 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Anhui Kouzi Distillery Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Kouzi Distillery Co's Cyclically Adjusted PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Anhui Kouzi Distillery Co ranks #81 out of 156 companies for Cyclically Adjusted PB Ratio. This places Anhui Kouzi Distillery Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Anhui Kouzi Distillery Co's value of 1.41 is 1.8% above this benchmark. Historically, Anhui Kouzi Distillery Co's own Cyclically Adjusted PB Ratio has ranged from 1.39 to 7.09 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 1.39, Anhui Kouzi Distillery Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.39, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anhui Kouzi Distillery Co's current Cyclically Adjusted PB Ratio of 1.41 is 1.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anhui Kouzi Distillery Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Kouzi Distillery Co's current Cyclically Adjusted PB Ratio is 1.41, which is 57% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Kouzi Distillery Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Kouzi Distillery Co (SHSE:603589) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.70, compared to a current price of ¥18.88 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is 57% below median its 10-year median of 3.25 and 1.8% above the Beverages - Alcoholic industry median of 1.39. Anhui Kouzi Distillery Co's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Anhui Kouzi Distillery Co (SHSE:603589), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anhui Kouzi Distillery Co (SHSE:603589) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Kouzi Distillery Co stock appears to be undervalued. The current stock price of ¥18.88 is trading 16.8% below its estimated GF Value™ of ¥22.70. GuruFocus considers Anhui Kouzi Distillery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603589:

  • Cyclically Adjusted PB Ratio: 1.41 (57% below median its 10-year median of 3.25)
  • GF Value™: ¥22.70 vs. price of ¥18.88 (16.8% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 1.8% above the Beverages - Alcoholic median (#81 of 156)

No single metric tells the full story. See the SHSE:603589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Kouzi Distillery Co Business Description

Address No. 9 Xiangshan South Road, Anhui Province, Huaibei, CHN, 235199
Anhui Kouzi Distillery Co Ltd is a China-based wine brewing company. It is engaged in the production, manufacturing, and selling of wine and glass products. The company owns liquor series products under the brands of Kouzijiao, Laokouzi, Kouzifang, and Kouzimeijiu, among others.
82GF Score

Get the complete analysis for SHSE:603589

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥18.88
Price
¥22.70
GF Value